Quote:
Originally Posted by longislander
Assessment's are based on market values, no matter whom your town utilizes or contracts to determine those values.
Assessments x tax rate = Tax
Should be easy to understand.
Tax rates do go up and down. Take another look at the 35 year MoBo history. Facts, not opinion.
NH DRA sets the tax rate. The town voters set the appropriations.
The MoBo history included, has the 35 year relevant history for all 4 elements of the tax rate:
Municipal + County + State Ed. + Local Ed. = total tax rate
Shouldn't be that difficult to comprehend.
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I bet most of the times the rate went down is when the assessment went up. I would like to know if it ever went down when assessment DIDN'T go up. Also when assessed higher and the rate goes down it just gives them a chance to gradually each year go up and up and still brag that they have a low rate.